Overview of Keeripatti, Salem

Location and Accessibility

Keeripatti is a locality in Salem, a city in Tamil Nadu, India. It’s part of the larger Salem urban region, providing access to the amenities and services available in the city.

Property Types and Availability

• For Sale: Lots of homes, apartments, and residential plots are up for purchase. Listings show over 1520 houses and apartments.
• For Rent: Many properties are for rent too, with more than 2070 houses and apartments listed.
• Lands and Plots: If you’re looking to build your own home, over 5035 plots are available for buy.

Property Prices

• Average Price per Sqft: Properties typically sell for around Rs. 1,800 per square foot.
• Starting Price: Properties usually start around Rs. 2,000 per square foot.
• Year-over-Year Growth: Keeripatti has experienced a big jump of 15.02% in property values over the past year.

Price Range for Different Property Types

• Residential Land/Plot: Start prices are about Rs. 24 Lac at Rs. 2,000 per square foot.
• 2 Bedroom Houses: Prices range from Rs. 58 Lac, with rates between Rs. 6,444 per square foot depending on the property.

Market Trends

• Buyer's Market: Right now, buying properties here seems profitable due to rising prices.
• Seller's Market: Sellers also stand to gain from the climbing property values, making it a good time to sell.

Amenities and Infrastructure

While Keeripatti may not have many local amenities, it benefits from access to everything you’d expect in a city like Salem. This includes schools, hospitals, shopping centers, and other urban services.

PropertyWala's Conclusion

In summary, Keeri Patti in Salem shows a thriving real estate market with increasing property values and many buying and renting options. Its ease of access and growing prices make it a compelling choice for investors and buyers. But it’s still important to do your own research and visit to get a real feel for the neighborhood’s amenities and infrastructure before making a decision.